A Multifamily Property At 255 East 55th Street Purchased From Yossi Azour For $960,000
255 East 55th Street
$960,000
$309/SF
Building Size
3,100 SF
Asset Type
MultiFamily
Closing
Jun 25, 2025
AI
This multifamily property located at 255 East 55th Street in the Brooklyn market comprises 3 units and spans a total of 3,100 square feet. The sale of this asset concluded at a price of $960,000, resulting in a price per unit of $320,000 and a price per square foot of $309.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $960,000
- Address: 255 East 55th Street
- Market: Brooklyn
- Units: 3
- Square Footage: 3,100
- Price Per Unit: $320,000
- Price Per Square Foot: $309
- Seller: Yossi Azour - A2Z Capital
- Broker: Nina Sabag - 5 Boro Realty
Yossi Azour of A2Z Capital acted as the seller in this transaction, while Nina Sabag from 5 Boro Realty served as the broker representing the seller, facilitating the sale process.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
16.52%
Cash-on-Cash
-4.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93